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On 6 Nov 2026, Elantas Beck India was priced at ₹11,926.00, or 50.6× trailing earnings, against an industry P/E of 22.1×, and the shares are 21% below their 52-week high. It earns ROCE of 19% and ROE of 16%, and sales and net profit grew 9.6% and 15% a year over 3 years. Its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹9,455 Cr, ranked 23rd of 204 Specialty Chemicals companies by market cap; the shares rose 29% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹12,271.00
Day high
₹12,301.00
Day low
₹11,865.00
Prev. close
₹12,269.00
Volume
1.5K

Health check

1 good · 3 fair · 2 to check
  • ReturnsAhead

    +29.3% over a year, better than 5 of 7 peers.

  • Price tagPricier

    P/E 50.6 vs industry 22.1.

  • GrowthSteady

    Sales +9.6%, profit +14.8% a year over 3 years.

  • ProfitabilityAverage

    ROCE 19.1% vs peer median 24.4%.

  • Balance sheetFair

    Piotroski 5 of 9.

  • Red flags1 to check

    P/E of 50.6 against an industry P/E of 22.1.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹9,455 Cr, #23 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹993 Cr · profit ₹187 Cr
Market cap
₹9,455 Cr
Small cap
P/E
50.6
Industry 22.1
Price to book
8.56
Peers 13.33
Dividend yield
0.06%
ROE
15.8%
Peers 23.0%
ROCE
19.1%
Peers 24.4%
Debt to equity
n/a
Debt ₹0.00 Cr
EPS (TTM)
₹235.71
Face value ₹10
OPM (TTM)
23.4%
Net margin 18.8%
Sales growth
+22.5%
Latest quarter vs a year ago
Profit growth
+25.6%
Latest quarter vs a year ago
Price to sales
9.52
EV/EBITDA 36.7

Strengths and risks

Strengths

  • Quarterly profit up 25.6% on a year ago.
  • Quarterly sales up 22.5% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • P/E of 50.6 against an industry P/E of 22.1.

Derived automatically from reported figures. Not a recommendation.

About Elantas Beck India

ELANTAS Beck India Limited manufactures and sells specialty chemicals for the electrical insulation and construction industries in India. The company operates through two segments, Electrical Insulations; and Engineering & Electronic Resins Solutions, and Materials. It provides wire enamels, such as primers, lubricants, and binder varnishes for fiberglass coated conductors; impregnating materials, including insulating varnishes and resins; and flexible…

Headquarters
Pune
Employees
204
Sector
Basic Materials
ISIN
INE280B01018
Website
elantas.com

Price range

52 weeks

₹8,900.00₹15,150.00

Today

₹11,865.00₹12,301.00
Avg volume (3M)
3.4K
1-year return
plus 29.3%
From 52-week high
minus 21.3%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
ELANTASElantas Beck India11,926.00minus 2.80%9,45550.654.719.1%23.4%–9.6%plus 29.3%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
210–215222283265
170–170179202204
39.6–4543.481.760.9
18.9%–20.9%19.5%28.8%22.9%
18.5–13.8319.36.5
0.1–0.20.20.10.2
5.1–5.85.766.2
52.8–52.840.494.961
25.7%–25.5%23.1%25.3%25.3%
39.3–39.431.170.945.5
–45.7449.6639.2189.3957.45

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+9.6%
Profit CAGR 3Y
+14.8%
EPS CAGR 3Y
+14.8%
ROE
15.8%
Net profitSelect a row below to chart it
₹ CrDec 2022Dec 2023Dec 2024Dec 2025
642675745844
–+5.2%+10.4%+13.2%
531531600672
111144146172
17.2%21.3%19.6%20.4%
9.510.920.613
0.60.60.70.5
12.411.91521.3
2241.232.734.9
129184183199
24.3%25.2%23.9%25.6%
97.8137140148
–+40.4%+1.7%+5.9%
123.34173.18176.05186.41

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrDec 2022Dec 2023Dec 2024Dec 2025
7.97.97.97.9
5917248591,000
119149148158
7178811,0151,166
74.577.8156170
12.59.99.88.2
14.8000
399574532661
217219317327
7178811,0151,166

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrDec 2022Dec 2023Dec 2024Dec 2025
8313363.2127
−76−13277.8−194
−4.6−4.5−4.6−6.4
2.4−2.6136−73.7
−7.4−12.4−145−30.9
75.5121−81.996.2
−4−4−4−5.9

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 12.5% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you